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Staffa Place, Dundee DD2 3 bed detached bungalow for sale
18 Staffa Place, Dundee, DD2 3SY
£135,000
18 Staffa Place, Dundee, DD2 3SY
£135,000
Our Summary
- **2 Mericmuir Place, Dundee DD3 9AQ sold for £170,000**; **28 Gullane Avenue, Dundee DD2 3BU sold for £189,000**; **30 Charlotte Street, Dundee DD3 8QP sold for £235,000** This property is situated in a sought-after area, making it a fantastic prospect for a savvy investor seeking their next renovation project
- The bungalow would benefit greatly from a modern update to unlock its full potential, offering a rare chance for a family to customise and design their dream home
- The contemporary redesign possibilities present a truly unique renovation project
- This property is situated in a sought-after area, making it a fantastic prospect for a savvy investor seeking their next renovation project
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- • The bungalow would benefit greatly from a modern update to unlock its full potential, offering a rare chance for a family to customise and design their dream home
- • This property is situated in a sought-after area, making it a fantastic prospect for a savvy investor seeking their next renovation project
Description
This prime new listing is a vacant 3-bedroom detached bungalow located in a sought-after area of Dundee, Scotland. With a Home Report valuation of £150,000, the property offers significant rental and capital growth potential, making it an attractive opportunity for savvy investors. The bungalow needs modern updates to unlock its full potential, but post-renovation, it is expected to achieve a rental income of £900-£950 per month, generating an annual revenue of £10,800-£11,400. This could yield a gross return of 9-10% if purchased at the guide price. The property's location in a prime area, with recent sales evidence of similar properties selling for £170,000 to £235,000, makes it a rare chance for a family to customize and design their dream home. The property is being offered at a fantastic discount and is open to immediate offers.